After making multiple visits to a property with a size, layout and price that all seemed "too good to be true" my client decided to make an offer. It wasn't until that point when it was disclosed to us that the property had been used as a meth lab and that cleanup of the property had not yet happened. In fact, it was being sold AS-IS, all cleanup and liability was being passed on to the buyer.
Well, now everything made more sense. But what bothered me most was that this information was not stated up front.
We probably spent over an hour in the house. What if my clients had brought an infant and let it crawl around on the floor that whole time? What if one of them had respiratory problems that were exacerbated by visiting the home? As far as we can tell, nobody was harmed by the experience, but we should have known about the hazardous condition before we went through the place, right?
I found some old posts on meth houses and methamphetamine remediation here on ActiveRain which I shared with my client.
Here are a few that may benefit some other people:
In every case where we have found properties that are WAY too good to be true... they are.
So, buyer beware!
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Exclusive Buyer's Agents do not list homes for sale and never represent Sellers. They have no "inventory" to try and push on you. They can represent you in purchasing any home. They are specialists at representing Buyers ONLY on the Buyer's side of the transaction. Exclusive Buyer's Agents work to get BUYERS the Best Price and Terms when they Buy a home...